Core Materials MARKET FORECASTS TO 2027 | DRIVERS AND OPPORTUNITIES | KEY PLAYER ANALYSIS DIAB Group, Euro-Composites S.A.

According to Stratistics MRC, the Global Core Materials Market is accounted for $1.07 billion in 2019 and is expected to reach $3.40 billion by 2027 growing at a CAGR of 15.5% during the forecast period. Increasing use of composites in the aerospace industry and increasing demand from the wind energy are the major factors propelling the market growth. However, impact of COVID-19 on various end-use industries is hampering the market growth.

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By geography, Asia Pacific is likely to have a huge demand owing to the improved wind energy installation and increased transportation sector in the China. Moreover, the growing economies of China and India, and the presence of prominent players is expected to drive the market growth.

Some of the key players profiled in the Core Materials Market include Armacell International S.A., Changzhou Tiansheng New Materials Co. Ltd, DIAB Group, Euro-Composites S.A., Evonik Industries, Gurit Holdings, Hexcel Corporation, Plascore Inc., The Gill Corporation, 3A Composites, Engineered Syntactic Systems, Schweiter Technologies, and SAERTEX.

Types Covered:
• Balsa
• Foam
• Honeycomb

End Users Covered:
• Aerospace & Defense
• Automotive & Transportation
• Construction
• Industrial
• Marine & Consumer Goods
• Wind Energy
• Other End Users

Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan       
o China       
o India       
o Australia 
o New Zealand
o South Korea
o Rest of Asia Pacific   
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa

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